This family is currently searching for a home, and our agent, who also represents them, has generously offered to waive any commission for connecting us.After outlining our standard tenant qualifications—which encompass application requirements, income verification, rental history, credit score, background checks, a non-smoker policy, occupancy guidelines, pet policy, application fees, and move-in costs—our agent indicated that the extensive discussions and adherence to these requirements "equals a full commission of one month's rent."

I have not received anything from anyone with specifics outlining anything specific I wrote that they feel is not supported.

The PHA will also conduct their own background check on the tenant.Sign a lease and contract: If you approve a Section 8 tenant, you'll sign a lease agreement with them as well as a separate contract with the PHA outlining the terms of the voucher payments.

It's all in how you outline the hurdles to the owner, have a couple prices on costs (that way you're no longer talking subjectively), and make it clear that ANY buyer will have to do this as well while treating the owner with respect and building a relationship. 

The components you outlined are excellent factors to consider. 

I have outlined some details below and would appreciate any insight.Our background:  We flipped properties from 2018-2022 and are still licensed general contractors and real estate agents, but have not been very active in either the last two years as we both took W2 jobs in 2022. 

It may also be beneficial to require a co-signer for the lease, especially if the tenants are college students with limited credit history.When writing up the lease, clearly outline the rules and expectations for the property, including noise levels, guest policies, and maintenance responsibilities.

I am also writing an addendum to attach to the lease that outlines the company is responsible for all costs associated with the lease (utilities, rent, etc) as well as liable for any costs of damages or lease violation fees. 

Thank-you, one thing I have learned is to have the rehab items outlined prior to closing so that there isn't a delay as I was trying to figure that out. 

If outlined in your lease clearly, my method should prove effective; if a tenant complains about wrongful withholding of the security deposit for an unknown water bill, that withholding dispute will be resolved before it can go anywhere.